News for 'International Financial and Services Centre'

Lesser-known firms set to make a mark in oil and gas sector

Lesser-known firms set to make a mark in oil and gas sector

Rediff.com22 Jun 2021

India may soon see a new set of oil barons with lesser-known companies venturing into crude oil and natural gas production. These new kids on the block have come up through a mix of entrepreneurial grit and backing from oil industry veterans. Nippon Power, South Asia Consultancy, PFH (Poddar Family Holdings) Resources and Chennai-based Adbhoot Estates could be the first ones to start production from blocks awarded during the first round of Discovered Small Field (DSF-1) auctions. Adbhoot is in a 50:50 joint venture with the Bombay Stock Exchange-listed Hindustan Oil Exploration Company that has some five oil producing assets and over 10 blocks across the country.

Is Ireland a good place to study?

Is Ireland a good place to study?

Rediff.com17 Jan 2019

Post Brexit, Irish universities are seeing a surge in applications says Barry O'Driscoll, senior spokesperson for Education in Ireland.

Panel to examine fiscal, debt situation likely

Panel to examine fiscal, debt situation likely

Rediff.com7 Feb 2020

The panel may include or seek inputs from former RBI Governor Urjit Patel, former chief economic advisor Arvind Subramanian, Sajjid Chinoy of the PM-EAC, Rathin Roy, among others.

How F C Kohli and TCS conquered the world

How F C Kohli and TCS conquered the world

Rediff.com7 Dec 2020

Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.

All you need to know about India's new software policy

All you need to know about India's new software policy

Rediff.com8 Mar 2019

The policy proposes a single-window platform for facilitation of the Indian software product industry, to help fast-track legal and regulatory issues over import and export, as well as setting up and winding up enterprises.

Bengaluru world's fastest growing tech hub, Mumbai 6th

Bengaluru world's fastest growing tech hub, Mumbai 6th

Rediff.com14 Jan 2021

Bengaluru has emerged as the world's fastest-growing mature tech ecosystem in the world since 2016, followed by the European cities of London, Munich, Berlin and Paris, with India's financial centre of Mumbai in sixth place, according to new research released in London on Thursday.

Digitising insurance policies is free for customers

Digitising insurance policies is free for customers

Rediff.com18 Aug 2014

Insurance company will bear the cost of digitising. It will in turn benefit from lower expenses on servicing policies.

The truth about India's ease of doing business claim

The truth about India's ease of doing business claim

Rediff.com15 Sep 2020

'The recalculated ranking showed India should have had a higher ranking earlier (113 in 2012 instead of 132) and lower ranking later (114 in 2018 instead of 100).' 'This would mean that there has been no change in India's climate of doing business across two regimes.' 'This is exactly consistent with the reality on the ground,' observes Debashis Basu.

Budget, the other casualty of COVID-19

Budget, the other casualty of COVID-19

Rediff.com7 Apr 2020

'Even before the outbreak of the flu, it had become clear that the tax revenue numbers for 2019-2020 were overestimated,' observes A K Bhattacharya.

Why Modi's visit to Saudi Arabia is important

Why Modi's visit to Saudi Arabia is important

Rediff.com3 Apr 2016

King Salman and Narendra Modi will find common ground to intensify cooperation against jihadi terrorism, says Tarun Vijay, MP.

'Not too many surprises, not too many gimmicks, and welcome consistency'

'Not too many surprises, not too many gimmicks, and welcome consistency'

Rediff.com2 Feb 2022

'The term 'pro-growth' must be qualified somewhat because, while a rising tide will lift all boats, it will not necessarily do so equally.'

'Henceforth, no Indian should fear the taxman'

'Henceforth, no Indian should fear the taxman'

Rediff.com31 Dec 2019

'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.

Why is Harsh Mariwala getting into aquatherapy?

Why is Harsh Mariwala getting into aquatherapy?

Rediff.com31 Oct 2018

'Hardly any aqua centres exist in India though they are popular abroad.' 'Water is known for its buoyancy which reduces pressure on joints. So, you can exercise effectively underwater, provided you have the right experts guiding you,' Harsh Mariwala tells Viveat Susan Pinto.

Full text: President Murmu's address to Parliament's Budget Session

Full text: President Murmu's address to Parliament's Budget Session

Rediff.com31 Jan 2023

'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.

Walmart CEO Doug McMillon in India to take on Amazon

Walmart CEO Doug McMillon in India to take on Amazon

Rediff.com16 Apr 2019

Besides Jeff Bezos-led Amazon, Walmart-owned Flipkart is also facing a threat from Asia's richest man and RIL chairman Mukesh Ambani, who is also betting big to grab a share of the country's e-commerce market.

COVID-19 Effect: Modi is unlikely to give up new powers

COVID-19 Effect: Modi is unlikely to give up new powers

Rediff.com5 May 2020

Four decades of federal evolution made India more secure, but coronavirus is reversing that. Modi's central government has tasted power again and is unlikely to give it up, notes Shekhar Gupta.

Banking, auto shares steal the show as Sensex gains 580 points

Banking, auto shares steal the show as Sensex gains 580 points

Rediff.com2 Nov 2018

Investor sentiment got a big push after Brent crude, the international benchmark, dropped below the $73-mark to quote at a seven-month low of $72.65

6 Indian ventures among world's most innovative infra projects

6 Indian ventures among world's most innovative infra projects

Rediff.com13 Nov 2014

Delhi Metro, Yamuna-expressway and Tata Power's Mundra ultra mega power project in Gujarat are among the six ventures that have figured in the list of world's most innovative, impactful infrastructure projects prepared by international accounting firm KPMG.

Needed: Urgent solutions to defend India well!

Needed: Urgent solutions to defend India well!

Rediff.com13 Feb 2020

'While all would agree on the need to be ready to launch cross-border strikes on terror camps, there is sharp disagreement on how best to do it.' 'Through IAF fighters, or surface-to-surface missiles?' 'Or should army Special Forces be created to do the job?' 'If air strikes are the agreed priority, additional funding must be made available for the purchase of fighters and missiles.' 'If it is to be Special Forces, the army must be facilitated in raising a Special Forces Command,' notes Ajai Shukla.

What Gulf slowdown! IndiGo, GoAir to expand ops to West Asia

What Gulf slowdown! IndiGo, GoAir to expand ops to West Asia

Rediff.com8 Mar 2017

Travels to Gulf accounted for 40% of India's international air traffic in 2016.

Looking into WhatsApp privacy policy changes: Govt

Looking into WhatsApp privacy policy changes: Govt

Rediff.com19 Jan 2021

WhatsApp has drawn massive criticism from users globally, including India over concerns that data was being shared with its parent company, Facebook. WhatsApp, on its part, has maintained that messages on the platform are end-to-end encrypted and that neither WhatsApp nor Facebook can see the private messages on WhatsApp's platform.

Infosys bets big on blockchain technology

Infosys bets big on blockchain technology

Rediff.com27 Apr 2016

Infosys said it is in discussion with over 10 institutions globally for deploying the solution

RBI diktat on data storage upsets payments providers

RBI diktat on data storage upsets payments providers

Rediff.com23 May 2018

The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."

10 skills that really matter in the new normal

10 skills that really matter in the new normal

Rediff.com16 Sep 2020

Tech-driven skills will be in demand in the post pandemic era, alerts Sonya Hooja, COO and co-founder, Imarticus Learning.

DeMo@1: Banks happy as digital activity picks up

DeMo@1: Banks happy as digital activity picks up

Rediff.com8 Nov 2017

While digitisation and automation have made internal processes more efficient, front-end products are being enhanced digitally through robotics, artificial intelligence and botchats.

Citibank likely to hive off consumer banking business in India

Citibank likely to hive off consumer banking business in India

Rediff.com8 Mar 2021

In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.

With Jet off the radar, skies are wide open for Tata's airlines

With Jet off the radar, skies are wide open for Tata's airlines

Rediff.com12 Jun 2019

Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.

TV journalists have become politicians!

TV journalists have become politicians!

Rediff.com9 Jan 2021

India's news broadcasters are a national shame that have polarised Indians, observes Vanita Kohli-Khandekar.

Model GST Law: A mixed bag of good, bad and ugly

Model GST Law: A mixed bag of good, bad and ugly

Rediff.com14 Jul 2016

It is doubtful that our political masters are even aware of the features of the Model Law.

Is India prepared to tackle a Sony like cyber attack?

Is India prepared to tackle a Sony like cyber attack?

Rediff.com31 Dec 2014

A national cyber crime and coordination centre meant to fend off such attacks is still awaiting approval

Firms irked by RBI's order to store payments data in India

Firms irked by RBI's order to store payments data in India

Rediff.com20 Apr 2018

While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

Stalin Needs to Think Fast, Act Faster

Stalin Needs to Think Fast, Act Faster

Rediff.com4 Sep 2021

Good intentions and elaborate roadmaps apart, there is an urgent need for the Tamil Nadu chief minister to come up with branded schemes like MGR's meal scheme, asserts N Sathiya Moorthy.

Needed: A new policy for the Indian Diaspora

Needed: A new policy for the Indian Diaspora

Rediff.com20 Jan 2020

On matters relating to the Diaspora, the Centre needs to call the shots, suggests Ambassador T P S Sreenivasan.

Why Sri Lanka Is In Crisis

Why Sri Lanka Is In Crisis

Rediff.com4 Apr 2022

The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.

How cross-border listings will help India

How cross-border listings will help India

Rediff.com18 Mar 2019

Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.

'Drone attacks are an evolving threat'

'Drone attacks are an evolving threat'

Rediff.com23 Jul 2021

'India needs offensive and defensive security measures to protect itself.'

Paramilitary forces waiting on govt to decide on OROP-like demand

Paramilitary forces waiting on govt to decide on OROP-like demand

Rediff.com27 Oct 2015

With the One Rank One Pension scheme for military veterans set to be notified soon, officials of central paramilitary forces, too, may be in for good news soon as the government is to take a final decision on granting of "organised services" status to them.

IL&FS fallout: Lessons for the rating agencies

IL&FS fallout: Lessons for the rating agencies

Rediff.com13 Jun 2019

Perhaps the way forward could be the introduction of uniform rating standards - on the lines of accounting standards for the accounting profession - with a separate regulating authority for enforcing those standards, says Sudipto Dey.

Budget 2018: What young India needs from Modi Sarkar

Budget 2018: What young India needs from Modi Sarkar

Rediff.com31 Jan 2018

Education, jobs, health and more: Experts share their wishlist.